Pay Packets Rise More This Year Than Last

Salary and pay increases have been significantly higher this
year than the year earlier to July, according to the
National Employers Annual Wage & Salary Survey.

Pay
packets for senior managers earning an average of $72,747
went up 4.38 per cent, or 0.7 per cent faster than the year
before. Middle managers earned an average of 3.84 per cent
more this year. Typically they earn about $50,000, while
"other employees" earned an average 3.57 per cent more. Last
year their pay packets went up 3.19 per cent.

The Survey,
the longest running in New Zealand, applies for the year
ending July across 600 employers and covers 54,244 employees
in 208 separate positions.

The figures were collected by
the Employers & Manufacturers Association (Northern) on
behalf of its associated organisations throughout the
country. The pay rates quoted do not include performance
incentive payments, or fringe benefits such as company cars,
employer contributions to superannuation or health
insurance.

For the year ending July 2002, employers were
expecting pay rates to keep on rising with 62 per cent
anticipating the average increase to be between two and
three per cent. A further 22 per cent anticipated these pay
rises coming up would be four or five per cent. Last year 57
per cent of employees got increases between two and three
per cent.

"Around 30 per cent of general managers with 50
staff or less were paid an average of $84,000 plus some form
of performance incentive worth an average of $18,741 a
year," said Graeme Perfect, the survey's
co-ordinator.

"Senior managers with salaries ranging from
$54-$75,000 typically also get large cars, superannuation,
medical insurance and incentive payments.

"The
compensation of a quarter of middle managers, for example a
Quality Controller, includes smaller cars worth $13,441 a
year with 26 per cent of them getting employer
superannuation top ups worth $5,355.

"Skilled production
workers - there were 2098 employees represented in this
category in the survey - earn an average of $31,751 with 60
per cent of them earning overtime of $5,626 last year. 41
per cent took home an extra $2775 in shift payments, and
24.5 per cent also earned an average of $2124 in production
bonuses.

"Cars for skilled production workers were rarely
available though 37 per cent were paid $2,388 in subsidised
superannuation and 22.4 per cent had their medical insurance
paid worth $417 pa.

"Two thirds of participants in the
survey have a redundancy provision in their employment
agreements with 64 per cent of employers providing
redundancy compensation of 4+2, or 6+2 , i.e. either four or
six weeks for the first year of employment plus two weeks
for every year employed thereafter.

"When asked what
annual holiday entitlements are paid on commencement, 58 per
cent of employers reported they allow three weeks a year,
with 37 per cent allowing four weeks and five per cent more
than four weeks. In the "other employee" category, a fourth
week's leave is allowed after five years service by 36 per
cent of employers, and another 23 per cent allow a fourth
week after six years.

"Further details on a range of
individual job positions will be made public
shortly."

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